Global $9 Billion Flow Meter Market 2017-2022: Maj
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Dublin, Nov. 24, 2017 (GLOBE NEWSWIRE) -- The "Flow Meter Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2017-2022" report has been added to Research and Markets' offering. The global flow meter market reached a value of nearly US$ 6 Billion in 2016 and is expected to reach a value of US$ 9 Billion by 2022, growing at a CAGR of around 7% during 2017-2022. A flow meter is a device used to measure the linear, nonlinear, volumetric or mass flow rate of liquid, gas or vapour. Depending upon their usage, these meters are also called flow indicators, flow gauges and liquid meters. The major applications of flow meters include measuring household utility consumption, flare management in refineries and measuring the flow of oil, water, fuel, chemicals, paint, etc. across different industrial sectors. The demand for flow meters has been primarily influenced by developments in major end-use industries. Over the last few years, several mining and oil refining facilities have witnessed an expansion worldwide, driven by enhanced demand for minerals and petrochemicals. Another major factor facilitating the market growth is the introduction of new flow meter technologies. Digital meters with improved accuracy and response rate along with self-diagnostic features and latest communication protocols have been replacing conventional flow meters, boosting the market growth. Some of the major players are ABB Group, Emerson Electric, Siemens, Schneider Electric and Saison Information Systems Co., Ltd. Key Topics Covered: 1 Preface 2 Scope and Methodology 2.1 Objectives of the Study 2.2 Stakeholders 2.3 Data Sources 2.4 Market Estimation 2.5 Forecasting Methodology 3 Executive Summary 4 Introduction 4.1 Overview 4.2 Key Industry Trends 5 Global Flow Meter Market 5.1 Market Overview 5.2 Market Performance 5.3 Market Breakup by Product Type 5.4 Market Breakup by Application 5.5 Market Breakup by Region 5.6 Market Forecast 5.7 SWOT Analysis 5.8 Value Chain Analysis 5.9 Porters Five Forces Analysis 6 Market Breakup by Product Type 6.1 Analog Flow Meter 6.2 Smart Flow Meter 7 Market Breakup by Application 7.1 Residential 7.2 Industrial 7.3 Commercial 8 Market Breakup by Region 8.1 North America 8.2 Europe 8.3 Asia Pacific 8.4 Middle East and Africa 8.5 Latin America 9 Imports and Exports 9.1 Imports by Major Countries 9.2 Exports by Major Countries 10 Flow Meter Manufacturing Process 10.1 Product Overview 10.2 Raw Material Requirements 10.3 Manufacturing Process 10.4 Key Success and Risk Factors 11 Competitive Landscape
- ABB Group
- Emerson Electric
- Saison Information System Co. Ltd.
- Schneider Electric
- Siemens
For more information about this report visit https://www.researchandmarkets.com/research/5...flow_meter
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